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Public Revenues
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Austria: State Revenues Increased
In 2013 the Austrian budget deficit came at 1.5 percent of GDP wile public debts increased to 74.5 percent of GDP.
March 31, 2014
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Slovenia: Controversial Property Tax Fails
The Slovenian Constitutional Court has rejected the controversial property tax suggested by the government. This will jeopardize this year’s budget.
March 28, 2014
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Poland to Fulfill EU Commission’s Regulations
According to Polish Finance Minister Mateusz Szczurek, Poland will have no difficulties fullfilling the standards set by the European Commission with regard to the budget deficit.
March 27, 2014
Slovenia: Exuberant Public Spendings
Public finances in Slovenia have gone wild as only after two months almost half of the total deficit planned for 2014 was spent.
March 20, 2014
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Poland: Budget Deficit 2013 Below Target
The Polish budget deficit for 2013 has reached almost 82 percent after it was amended in August.
March 20, 2014
Poland: “Time for Belt-Tightening”
Poland is required to cut the deficit in the public finance sector.
March 13, 2014
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Austria: Government Agrees on Stimulus Package
Startled by construction company Alpine’s insolvency, the Austrian government has agreed on the fiercly discussed stimulus package. An amount of € 800m is required additionally.
June 25, 2013
Orange to Withdraw from Austria?
Insiders report that the third-largest telecommunication service supplier in Austria may leave. The merger with Hutchison is in a critical condition.
October 4, 2012
Austria: Tax Fraud on the Rise
VAT evasion will come at € 2.3bn year, experts say. This is an increase by 5%.
October 3, 2012
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Asfinag Enhanced Profits
In spite of decreasing revenues, the Austrian highway funding company raised profits from € 339.3m to € 439.6m.
April 26, 2012
Tax Intake Higher Than Expected
In the first two months of 2012, the Austrian state received € 460m more tax proceeds than initially expected.
April 6, 2012
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Public Deficit in 2011 Below Maastricht Criteria
The Austrian state recorded a budget deficit of 2.6%. Public debt rose to 72.2% of GDP in 2011.
March 29, 2012
Austerity Package Brings Burden of € 900m for Companies
The Austrian austerity package causes costs of € 900m for the Austrian real economy until 2016. Especially non-wage labor costs rise.
February 14, 2012
Austria’s Tax Revenues 7.6% Higher than in 2010
The state’s total revenue was up by 8.2%, while expenditures increased by only 1.08% in the period January to September.
November 11, 2011
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Austria's Budget Deficit is at 4.1%
Although the budget deficit is lower than expected, but the official national debt could increase considerably due to the ÖBB.
February 1, 2011
Austria's Tax Revenues are Higher than Expected
As the economy developed relatively well this year relatively, tax revenues increased. The deficit for 2010 might therefore turn out to be lower than planned.
December 17, 2010
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Bank Tax: Only 185 Million Remain for the Federation
In negotiations with the provinces, the federal government surprisingly yields to pressures: proceeds from the bank tax will be divided.
October 29, 2010
Tax on Securities’ Profits: Financial Industry in a Rage
The tax is targeted at the middle class, but it means especially an administrative burden and creates competitive disadvantages, according to the industry.
October 28, 2010
Bank Tax: 0.055% Instead of 0.04%
The new "stability tax" has been increased slightly. A tax on derivative transactions will also be applied. The tax will however not be temporary.
October 28, 2010
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Bank Tax: Demands for Time Limit Becoming Louder
Financial politicians and banking representatives already argue before approval of the draft law, if the bank tax to be introduced in 2011 is going to have a time limit.
October 27, 2010
New Budget, New Taxes
The budget includes a new austerity package, which consists essentially of taxes on mineral oil, tobacco and banks.
October 25, 2010
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Increase in Mineral Oil Tax likely
Economy Minister Mitterlehner speaks of a possible moderate increase.
October 21, 2010
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